Zone HFO - India

Opella Healthcare

Mumbai

On-site

INR 3,000,000 - 6,000,000

Full time

2 days ago
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Job summary

Opella Healthcare in India seeks a seasoned Head of Finance Operations to oversee end-to-end accounting, statutory reporting and governance across Indian entities within the group.

You will drive SOX controls, IFRS/local GAAP compliance, ERP and automation initiatives, and partner with Shared Services and business leaders to enable reliable financial decision-making.

Qualifications

  • Qualified CA is mandatory; CPA/ACCA advantageous.
  • 12–15+ years of senior finance/controlling experience.
  • Experience with IFRS, local GAAP, and statutory reporting.

Responsibilities

  • Lead end-to-end accounting and statutory reporting for India entities.
  • Ensure IFRS, GAAP compliance and audit readiness with strong internal controls.
  • Drive transformation, automation and ERP projects; partner with GBS/SS.
  • Provide financial analysis to support strategic initiatives and governance.

Skills

IFRS expertise
GAAP knowledge
SOX controls
ERP systems (SAP)
financial reporting tools
auditing
leadership

Education

Chartered Accountant (CA)
CPA / ACCA advantageous

Tools

SAP

Job description

At Opella Healthcare, we are united by one shared Mission: putting Health in Your Hands. We aim to make healthcare as simple as it should be, empowering people to take care of themselves. As a top‑three global player in Consumer Healthcare, we strive to build an agile and high‑performing organization that outpaces the market. To achieve this ambition, we rely on exceptional talent who embrace our Challenger spirit—Outcome‑obsessed, Courageous, Radically Simple, and All‑In Together.

MAIN PURPOSE OF THE JOB

The India Head of Finance Operations is responsible for leading all end-to-end finance operations and accounting activities across legal entities in the country. The position ensures: accuracy, completeness and compliance of financial statements, strong governance, internal control and audit readiness, operational excellence across Shared Services and local retained teams, support to the India Head of Finance and senior leadership on statutory, technical accounting, tax, and treasury related matters. The role guarantees the integrity of the financial data used for Group reporting, statutory accounts, tax filings, and key business decisions across markets.

Key Accountabilities
A. Financial Accounting & Statutory Reporting

Support the end‑to‑end accounting processes for all legal entities in India. Ensure accurate and compliant production of monthly, quarterly, and annual IFRS, local GAAP and statutory accounts. Own the quality of group reporting submissions. Coordinate preparation of statutory financial statements, tax packages, and annual filings. Review and validate complex accounting treatments, contracts, and transactions. Oversee local GAAP adjustments (payroll, pension, amortization, provisions, tax). Manage actuarial processes and commitments (IFC, long‑service awards, pre‑retirement schemes).

B. Reporting

Ensure accurate, complete and timely preparation, loading and publication of all Group reporting packages required by Finance Operations, including: Polo D1/D5 (Sales & Inventory), ISC uploads, Marco Budget (preparation and loading), reconciliation between Marco and Solar, Solar package (monthly and quarterly), TWIN reporting, Spring package, Trema report, MyTax reporting, TaxRisk reporting. Lead the preparation and submission of the FCT cashflow forecast in SAP FC, ensuring alignment with Treasury requirements. Oversee the preparation and submission of the Country‑by‑Country Reporting (CbCR) in collaboration with the Tax department. Sign off SAP FC / SEAL reporting package for the legal entities under responsibility.

C. Audit, Governance & Compliance

Serve as the primary point of contact for statutory auditors and internal auditors. Define audit scopes, coordinate missions, ensure timely resolution of findings. Guarantee full compliance with internal and external accounting standards. Ensure internal control framework effectiveness (including SOX, segregation of duties). Deploy Group accounting procedures; Listed entity oversight: Lead quarterly and annual closing activities, financial audits, and disclosures in compliance with SEBI LODR requirements including Related Party Compliances. Coordinate Board and Audit Committee reporting and presentations, including quarterly results, annual budgets, and related party transactions. Tax audit: Lead the preparation, coordination, and timely submission of all documentation required for tax audits, ensuring completeness and accuracy, ensure oversight of all tax compliance activities performed by GBS, maintaining accountability for accuracy and completeness, particularly for OneERP countries.

D. Collaboration with finance community

Ensure high‑quality, timely, and compliant execution through GBS hubs Build strong collaboration between GBS and finance teams in each country.

E. Business Partnership

Provide the Head of Finance and Regional Finance operations & A2R Head with financial analysis of the legal entities. Support strategic projects: legal restructuring, acquisition/divestiture accounting, Capex evaluation, performance measurement and target achievement (e.g., bonus schemes). Present revenue and performance analyses to social partners or workers' councils where required. Partner with Supply Chain, Commercial Operations, Finance Performance, HR, Tax, Legal, and Corporate.

F. People Leadership

Develop a team of finance professionals in India Build capabilities for future‑ready finance (automation, digital tools, data literacy). Oversee recruitment, performance management, succession planning, and coaching. Promote corporate values and a culture of accountability, cooperation, and continuous development. Support HSE requirements where applicable.

G. Process Excellence, Systems & Transformation

Support continuous improvement and harmonization of accounting processes across countries. Lead or contribute to Finance transformation initiatives: ERP changes, new digital tools (automation, workflow tools, BI), process standardization, M&A integration / carve‑out. Collaborate with Process & Systems teams to deploy tools for controllers and managers. Ensure successful adoption of automation and new ways of working.

Expected Skills
Technical Skills

Strong technical expertise in IFRS, local GAAP , tax accounting, statutory reporting. Deep understanding of end‑to‑end accounting and finance operations in multinational environments. Experience working with Shared Services / GBS organizations. Strong audit and internal controls background (SOX preferred). Ability to review and challenge complex accounting topics.

Soft Skills

Strong leadership and communication skills across cultures and functions. Ability to influence senior stakeholders without authority. High agility, resilience, and change‑management capability. Strong analytical thinking, judgment, and problem‑solving. Experience 12–15+ years of increasing responsibility in Finance, Accounting, Audit, or Controlling. Demonstrated experience in regulatory compliance and corporate governance, especially in the context of Indian listed companies. Experience in preparing financial presentations for Boards, Audit Committees, and investors, including handling disclosure obligations under SEBI/LODR. Familiarity with IFRS and Ind‑AS accounting standards, and experience in using ERP systems (e.g., SAP) and financial reporting tools. Proven track record in statutory reporting, closing processes, and audit management. Experience in transformation programs is a strong plus.

Education

Qualified Chartered Accountant (CA) is mandatory; additional certifications such as CPA or ACCA will be considered an advantage.

Company Overview

Opella is the self‑care challenger with the purest and third‑largest portfolio in the Over‑The‑Counter (OTC) & Vitamins, Minerals & Supplements (VMS) market globally. Our mission is to bring health in people’s hands by making self‑care as simple as it should be. For half a billion consumers worldwide – and counting. At the core of this mission is our 100 loved brands, our 11,000‑strong global team, our 13 best‑in‑class manufacturing sites and 4 specialized science and innovation development centers. Headquartered in France, Opella is the proud maker of many of the world’s most loved brands, including Allegra, Buscopan, Doliprane, Dulcolax, Enterogermina, Essentiale and Mucosolvan. B Corp certified in multiple markets, we are active players in the journey towards healthier people and planet. Find out more about our mission at www.opella.com.

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